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EU says euro too strong vs yuan

Posted on 06 October 2010

From Businessweek.com: The concern: European leaders say the euro is too strong against China’s yuan, putting the 16 countries that share the currency at a trading disadvantage. The stronger euro makes European exports more expensive abroad.
The timimg: Three top eurozone economic officials met with China’s prime minister on Tuesday……………………………………….Full Article: Source

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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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